I lean towards refinished - looks like they copped out of writing "Abercrombie & Fitch Co" in the arc that we see on all the other Seafarers and the Seafarer script itself is at too shallow an angle and lacks the detailed flourishes of other examples.

The numbers on almost all of the Seafarer's 12 hour registers are upright, the exception being the late one in the 2446 case, so they might not have had a reference when refinishing that register with the rotated numbers. They are quite well done though, looking pretty close to the originals - one giveaway is the "sail" of the 4 having a convex edge rather than the straight edge we see on originals.

The arabics look refinished too, not quite wide enough, but interesting to note that this was a transitional watch even before the refinishing - outer minutes scale and arabic numerals only at 11, 12 and 1 but the later, smaller numerals on the 30-minute register. It also has the plainer 4-quadrant tide register of the later watch, rather than the graduated "sunrise" version of earlier watches.

So my feeling is a watch that was heavily patinated in some areas and has been refinished in those areas, rather than a whole dial redial.